Suchetana Ray covers aspects of the government’s economic policy. A news junkie, she is invested in HT’s ‘digital first’ policy.
Articles by Suchetana Ray
Vijay Mallya’s case to be first under new law on fugitive offenders
If Vijay Mallya does not appear before the court on August 27, he risks being declared a fugitive economic offender, besides properties linked to him being confiscated.
Updated on Jul 27, 2018 08:33 AM IST
New Delhi | P Suchetana Ray
Govt to create economic offenders list for better crackdown on financial fraud
The move comes against the backdrop of an increase in number of bank frauds, investment scams, and other such misdemeanors. In some of these cases, the offenders fled the country.
Updated on Jul 23, 2018 08:01 AM IST
Hindustan Times, New Delhi | P Suchetana Ray
One year of GST: Tech failure posed challenge, says finance secretary
Small businesses around the country found it hard to adjust to the new IT system, and the GST network failed to cope with last-minute spikes in filing of returns, forcing the GST Council to defer several deadlines.
Published on Jul 01, 2018 08:13 AM IST
Hindustan Times, New Delhi | P Suchetana Ray
Centre to finalise 10 criteria to spot shell companies that launder money
The government has been cracking down on shell companies as part of its larger effort to tackle black money, or income that is unaccounted for and hidden away from the tax department.
Updated on Jun 23, 2018 07:27 AM IST
Hindustan Times, New Delhi | P Suchetana Ray
Battling black money: 10-point criteria for identifying shell firms on the cards
Officials said the newly constituted rules will be fed into an automated system, which will then create a suspect list for enforcement agencies to investigate.
Updated on Jun 22, 2018 11:01 AM IST
Hindustan Times, New Delhi | P Suchetana Ray
Government says PNB fraud accused Nirav Modi is in UK; CBI asks Interpol for red corner notice
Nirav Modi left India in January for an unknown location after being accused of being at the centre of the fraud involving the country’s second largest public lender.
Updated on Jun 12, 2018 06:13 AM IST
Hindustan Times, New Delhi | P Suchetana Ray and Rajesh Ahuja
President okays ordinance, home buyers now have share in auctioned assets of bankrupt realty firms
Being treated as financial creditors brings home buyers at par with banks and other institutional creditors as they would now have a share in the proceeds earned by sale of assets of bankrupt real estate companies.
Updated on Jun 06, 2018 10:36 PM IST
Hindustan Times, New Delhi | P Suchetana Ray
After 16 days of hike, fuel prices cut by 1 paisa
The Indian Oil Corporation Ltd website showed a reduction in petrol price by 60 paise while diesel was down by 59 paise. The company soon realised the error and rectified it.
Published on May 30, 2018 10:20 PM IST
Hindustan Times, New Delhi | P Suchetana Ray
Income tax department questions Matix Group chairman over NuPower links
Matix Group chairman Nishant Kanodia is Essar Group patriarch Ravi Ruia’s son-in-law and owns the Mauritius-based Firstland Holdings Ltd that invested Rs325 crore in NuPower between 2010 and 2012.
Updated on May 31, 2018 01:56 PM IST
New Delhi, Hindustan Times | P Suchetana Ray
Investigators probe another Deepak Kochhar company, NuPower Technologies
NuPower Technologies is a subsidiary of NuPower Renewables, which is owned by ICICI Bank MD and CEO Chanda Kochhar’s husband Deepak Kochhar.
Updated on May 14, 2018 10:43 AM IST
Hindustan Times, New Delhi | P Suchetana Ray
Income tax department raids offices of firms linked to Matix Group chairman Nishant Kanodia
Nishant Kanodia is Essar Group patriarch Ravi Ruia’s son-in-law and he owns the Mauritius-based Firstland Holdings that invested Rs325 crore in NuPower between 2010 and 2012.
Updated on May 11, 2018 10:17 PM IST
New Delhi, Hindustan Times | P Suchetana Ray
Investigation agencies examining links between NuPower and Essar
Investigations into NuPower, a company promoted by Deepak Kochhar, the husband of ICICI bank CEO Chanda Kochhar, and the investments it attracted have usually ended at a blind end.
Updated on May 07, 2018 09:00 PM IST
Livemint, New Delhi | P Suchetana Ray
Agencies now probing companies owned by Chanda Kochhar’s family
Several agencies are examining the relationships and transactions between Deepak Kochhar and Rajiv Kochhar and the Videocon group on the basis of what the CBI calls a source-based complaint.
Updated on Apr 09, 2018 07:35 AM IST
New Delhi, Hindustan Times | P Suchetana Ray